MoboFree

Abuja, Nigeria Founded: 2011 • Age: 15 yrs
Serves as a mobile social marketplace for trading used goods.

About MoboFree

MoboFree was a Retail company based in Abuja (Nigeria) founded in 2011 by Tomas Martunas and Cristobal Alonso. It serves as a mobile social marketplace for trading used goods. It operates on a B2C model. Its chief executive, as recorded, is Cristobal Alonso. The company is recorded as dissolved. Its focus areas include E-commerce, Social Commerce, Used Goods and Mobile Trading. Its competitors include Jiji, u-Snapp and Fibi; 1 of its 3 listed competitors has raised funding.

Company details

MoboFree serves as a mobile social marketplace for trading used goods, focusing on operating online marketplaces, social commerce, used goods, and mobile trading. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Key Metrics

Funding Insights of MoboFree

  • Total Rounds 2
  • Investors Count 1

All 2 funding rounds of MoboFree with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2015Seed––
–
Feb 2014Seed––
Valuation history

1 investors in total: 1 institutional.

Investors in MoboFree

MoboFree has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EVA Fund.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
eva-fund.com
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Investor details for MoboFree

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

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People of MoboFree

2 people are tracked at MoboFree (2 in leadership).

NameRoleGroup
Tomas Martunas
Co-FounderLeadership
Cristobal Alonso
CEO, Co-FounderLeadership
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Complete people profiles for MoboFree

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of MoboFree

3 dated milestones of MoboFree across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded MoboFree is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed,.

Competitors of MoboFree

MoboFree has 3 listed competitors in our database, 1 of them funded. They include Jiji, u-Snapp and Fibi.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
jiji.africa2014Nigeria$21M
Goods and services are exchanged via an online classified marketplace.
usnapp.ng2018Lagos, Nigeria
Operates an online P2P marketplace for second-hand multi-category products.
fibi.ng2020Enugu, Nigeria
Operates an online marketplace for second-hand multi-category products.
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Detailed competitors of MoboFree

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Frequently Asked Questions about MoboFree

MoboFree was founded in 2011 and raised its 1st funding round 3 years after it was founded.

MoboFree is headquartered in Abuja, Nigeria. It is registered at Abuja, Federal Capital Territory, Nigeria.

Cristobal Alonso is the CEO of MoboFree, as recorded in our data. They have also founded this company.

MoboFree serves as a mobile social marketplace for trading used goods, focusing on operating online marketplaces, social commerce, used goods, and mobile trading. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

MoboFree's top competitors include Jiji, u-Snapp and Fibi.

MoboFree has 1 investor. Key investors include EVA Fund.

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